Today the ABI is hosting the UK’s biggest insurance industry conference where speakers from the worlds of industry, regulation and politics will come together to grapple with the “Challenges of a Changing World.”
We have a high-powered line up of speakers opening with our Chairman, Tidjane Thiam and followed by keynote speeches from Oliver Letwin, Ed Balls, Andrew Bailey and Martin Wheatley. These are complemented by panel sessions on the future challenges facing the industry, and how to strengthen consumer trust and breakout sessions on issues such as fuelling economic growth, motor insurance, flood insurance and financial conduct. Take a look at the programme here.
To help shape our discussions the ABI has published an analysis of the key trends affecting insurers in the 2020s written by our Operations Director, Huw Evans and you can read his blog about the content.
The document covers everything from preparing for an ageing society to harnessing the power of the digital revolution. It discusses how economies will need to change as the effects of the financial crisis continue to be felt and debates the impact of far more interventionist regulation on the industry and its customers. The impact of climate change, the increasingly connected nature of the world we live in and the political challenges our leaders are facing are all discussed.
We’re also launching a debate on how the industry should respond to these key challenges so that ABI members and others can engage with the issues and start shaping our policy work as we approach the first post crisis General Election and beyond. Please join our debate and let us know what you think.
We all know that the world has changed since the financial crisis. Our politicians are debating where to cut rather than where to invest, people are feeling the pinch in their pockets and the insurance industry has also faced tough times. We want our conference to look ahead to what’s shaping the industry’s future and kick start a debate about how we can face up to these challenges and ensure the industry is ready to deal with them.
After the conference, I’ll share with you the themes which emerge from what is discussed here today.